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Equity (Tables)
12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
Schedule of Performance-Vested Restricted Stock Awards, Validation Assumptions The assumptions used to value the market-based awards include historical volatility and risk-free interest rates over a time period commensurate with the remaining term prior to vesting, as follows, for the respective grant dates:
Year EndedYear EndedYear Ended
December 31, 2024December 31, 2023December 31, 2022
 January 26, 2024February 3, 2023February 3, 2022
Valuation assumptions:
 
Expected volatility rate (1)
44.1 %83.0 %74.8 %
Risk-free interest rate4.16 %3.96 %1.42 %
(1)Expected dividend yield is included in the model via its impact on the historical volatility rate, which is based on daily returns inclusive of dividends.
Schedule of Share-based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity
A summary of the RSUs awarded during the periods indicated is as follows:
Year EndedYear EndedYear Ended
December 31, 2024December 31, 2023December 31, 2022
Equity-classified TVRSUs
  
Units awarded 839,773 384,995 988,750 
Weighted-average award date fair value$40.54 $39.54 $27.85 
Weighted-average vesting period (years)2.372.902.94
Liability-classified TVRSUs
Units awarded14,123 12,918 20,120 
Weighted-average award date fair value$44.34 $39.58 $31.25 
Weighted-average vesting period (years)1.001.001.00
PVRSUs
Units awarded 257,574 223,635 295,372 
Weighted-average award date fair value$50.06 $45.88 $28.97 
Three-year performance period end date December 31202620252024
A summary of the status of non-vested RSUs at December 31, 2024 and 2023, and changes for the years then ended is presented below:
Equity-Classified TVRSUs
Outstanding
Weighted
Average
Award Date
Fair Value
PVRSUs Outstanding (1) (2)
Weighted
Average
Award Date
Fair Value
Non-vested RSUs at December 31, 20221,539,550 $20.51 1,753,214 $19.58 
Awarded384,995 39.54 223,635 45.88 
Vested
(719,871)20.26 (1,461,236)18.16 
Forfeited(19,281)30.93 — — 
Non-vested RSUs at December 31, 20231,185,393 $26.64 515,613 $36.19 
Awarded839,773 40.54 257,574 50.06 
Vested
(943,847)25.12 (293,537)28.97 
Forfeited(47,305)39.98 (1,835)28.97 
Non-vested RSUs at December 31, 20241,034,014 $39.05 477,815 $48.13 
(1)For awards granted, the number of PVRSUs shown equals the shares that would vest if the “target” level of performance is achieved. The minimum number of convertible shares is zero and the “maximum” level of performance is 200% of the amounts shown.
(2)For awards granted during 2022, the minimum number of convertible shares is 36,929 and the “maximum” level of performance is 179% of the amounts shown.